As a condition of employment, you are required to become a participant in the 401(a) plan upon hire in a benefited position with Larimer County.

Enrollment

Information on mandatory enrollment will be presented at your benefits orientation. Once your account has been established, you will need to designate your beneficiaries and select your investment options on the TIAA website http://www.tiaa.org/larimer. For more information, contact TIAA at 800-842-2252.

This information is provided as general guidance on the subjects covered. It is not provided as legal or tax advice. Contact a qualified tax or legal adviser to discuss your specific situation. This is only a brief summary of a portion of our retirement plan. If there are any discrepancies between this summary and the plan document, the plan document will govern. Contact Human Resources if you would like to see the Plan Document.

MATCHING SCHEDULES

There are three kinds of contributions:

  • Mandatory employee contributions (pre-tax)
  • County mandatory matching contributions
  • Voluntary employee contributions (after-tax)

MANDATORY EMPLOYEE CONTRIBUTIONS

Each new participant is required to contribute to the Retirement Plan. This pre-tax contribution is made through payroll deduction. The mandatory contribution amount automatically increases with your length of employment with the County, as shown in the table below.